Average income on REPs farms up 30%

FARMERS in REPS have increased their cash surplus by 30%, according to the 2001 National Farm Management Survey.

The Survey revealed average income on REPS farms for the year was €413 per hectare, whereas income on similarly stocked non-REPS farms was €377 per hectare.

A more detailed study looked at the situation of a typical midland farmer with 40 ha (about 100 acres) in two different scenarios.